Welcome to Math Welcome to Math Applications for Applications for

BusinessBusiness

Mr. RugoloMr. Rugolo

What do you know about What do you know about money?money?

Take out a piece of paperTake out a piece of paper

Put your name on itPut your name on it

Write down 5 things you Write down 5 things you know about moneyknow about money

How does math relate?How does math relate?

About Math Apps For Business ClassAbout Math Apps For Business Class This is a class designed to help This is a class designed to help

you understand money and how you understand money and how it affects your livesit affects your lives

The more you understand The more you understand money, the better you will be at money, the better you will be at saving and budgeting itsaving and budgeting it

How can you reach your How can you reach your financial goals?financial goals?

Do you have any financial goals Do you have any financial goals yet?yet?

What topics do we cover?What topics do we cover?

BudgetingBudgeting BankingBanking Saving & investingSaving & investing Buy or leaseBuy or lease Credit & interestCredit & interest LoansLoans Getting out of Getting out of

financial troublefinancial trouble

How will you learn?How will you learn? Notes & discussionNotes & discussion Activity packetsActivity packets Group activitiesGroup activities Online research Online research

assignmentsassignments Computer simulationsComputer simulations

How will you be graded?How will you be graded? Point system for your gradesPoint system for your grades Each assignment/quiz/project will have a Each assignment/quiz/project will have a

point valuepoint value # of points you earn divided by the total # of points you earn divided by the total

number of points x 100 will be your number of points x 100 will be your classwork gradeclasswork grade

exampleexample: you earn 400 points out of a possible : you earn 400 points out of a possible 500 points (400/500 x 100= 80 classwork 500 points (400/500 x 100= 80 classwork

grade)grade) Participation is 15% of your overall gradeParticipation is 15% of your overall grade

My #1 RuleMy #1 Rule

Do Not Talk When Do Not Talk When I Am Talking!I Am Talking!

What is expected of you?What is expected of you? Bring a notebook, calculator and Bring a notebook, calculator and

something to write with every daysomething to write with every day Be on time (3 lates = teacher Be on time (3 lates = teacher

detention)detention) Come to class ready to learn-this is Come to class ready to learn-this is

a class you can actually use in real a class you can actually use in real lifelife

Don’t cut – I Don’t cut – I willwill catch you (zero for catch you (zero for day)day)

Expectations, continuedExpectations, continued•NoNo phones or electronic phones or electronic devices-(except calculators)devices-(except calculators)

•Be polite and Be polite and raise your hand raise your hand if you want to ask or answer a if you want to ask or answer a questionquestion

•Be prepared to work from bell Be prepared to work from bell to to bell-no lining up at the doorbell-no lining up at the door

Here are some cool facts Here are some cool facts based on recent surveys:based on recent surveys: Money is the leading cause of Money is the leading cause of

disagreements in marriages disagreements in marriages

65% of Americans would live on a 65% of Americans would live on a deserted island all by themselves for an deserted island all by themselves for an entire year for $1,000,000. entire year for $1,000,000.

92% of us would rather be rich than find 92% of us would rather be rich than find the love of our lives the love of our lives

More facts…More facts… Most people won't bend over to Most people won't bend over to

pick up money lying on the pick up money lying on the sidewalk unless it's at sidewalk unless it's at leastleast a dollar a dollar

There is about 405 There is about 405 billionbillion dollars in dollars in circulationcirculation

Only 32 Only 32 millionmillion of that amount is of that amount is counterfeitcounterfeit

More facts, continuedMore facts, continued

One out of every four Americans One out of every four Americans believe their best chance of getting rich believe their best chance of getting rich is by is by playing the lotteryplaying the lottery

A person who drives 10 miles to buy a A person who drives 10 miles to buy a

lottery ticket is 3 times more likely to lottery ticket is 3 times more likely to be killed in a car accident while driving be killed in a car accident while driving to buy the ticket than they are to win to buy the ticket than they are to win the jackpot the jackpot

Still more…Still more…•$$20 bills are more often counterfeited 20 bills are more often counterfeited than $100 billsthan $100 bills

•The most popular form of payment is The most popular form of payment is the debit card (just replaced the credit the debit card (just replaced the credit card as #1)card as #1)

•Money (or the lack thereof) is the Money (or the lack thereof) is the biggest stress inducer in the lives of biggest stress inducer in the lives of AmericansAmericans

Finally…Finally…

Thanks for taking this classThanks for taking this class

Let’s have a great year!Let’s have a great year!

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